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2021 (6) TMI 736 - Tri - Insolvency and BankruptcyDeposit with HDFC Bank Account - HELD THAT:- The Applicant-RP intimated the Respondents in all the three applications regarding the initiation of CIRP against the Corporate Debtor through emails. The Respondents advised not to allow any debit transaction in the account of the Corporate Debtor without prior authorisation of the RP. Permission to use the amount as available in the current account of the Corporate Debtor with HDFC Bank - seeking removal of lien on the said account for the purpose of allowing the Resolution Professional to use the said amount - HELD THAT:- It is pertinent to observe here that on an earlier occasion, through an application bearing IA No. 1477/KB/2020 in the underlying company petition, the Applicant/RP had prayed for direction on ICICI Bank to release the attachment and defreeze account of the Corporate Debtor bearing No. 635405000368. This Adjudicating Authority had ordered the Respondent therein to defreeze the bank account in respect of which the prayer was made, i.e., 635405000368 along with another account bearing 635405000356 with the same bank - we direct the release or removal of lien or attachment, as the case may be, of all the bank accounts of the Corporate Debtor mentioned supra by all the banks including the Respondents in IA No. 1475/KB/2020 and IA No. 158/KB/2021. The applicability of the directions contained in this order are extended to all the accounts that may be discovered by the RP in future, in the present company petition, that might have been attached or on which lien might have been created by any of the authorities, to avoid the multiplicity of proceedings. The properties of the corporate debtor, which include the accounts lying at credit in the bank accounts of the corporate debtor, should be available to the resolution professional to keep it as a going concern. Application disposed off.
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